AD #3909 - GM Killing Ultium EV Brand; Stellantis Files 8 New Lawsuits Against UAW; High Prices Hurt PHEV Sales
About this episode
General Motors is discontinuing its Ultium EV brand and moving to diverse battery chemistries for faster, lighter, and cheaper production. Stellantis has filed multiple lawsuits against the UAW amid contentious labor negotiations. Plug-in hybrid vehicles struggle in the US market due to high prices and lower customer satisfaction compared to BEVs. China is preparing retaliatory tariffs against the EU’s new EV tariffs, risking a trade conflict. Continental plans to spin off its automotive parts division, while Nissan joins a US EV charging joint venture focused on bi-directional grid integration. Lucid Motors sets new delivery records despite heavy incentives, and Chevy’s Silverado EV pricing raises questions about market demand for expensive electric trucks.
Chevrolet Silverado EV
"...Lucid. It revealed that the retail version of the Silverado EV will start just over seventy five thousand dollar..."
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